• Coronavirus Optimism Thought Leadership

    Making the shift from survive to thrive


    Rachel Bevans |  April 6, 2020


    When do we shift our attitudes and behaviours from survive to thrive? When are the plans suitably in place to make sure everyone is safe and well, so that we can redirect our resources to thinking about the future?


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  • Coronavirus Optimism Remote work

    Maintaining relationships first step to maintaining productivity


    David Westgate |  April 3, 2020


    My new premises look very much like my suburban home and my office looks very much like my spare bedroom. Strangely, my wife thinks it looks like her office too. As do my daughter and her bare-chested boyfriend. In short, my business is bedlam.


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  • Coronavirus Cyber security

    How CSOs can ensure security, productivity remain resilient during challenging times


    First 5000 |  April 3, 2020


    Businesses need to remain agile and adaptable in times of rapid transformation. Ensuring that security and productivity remain resilient, regardless of the circumstances, is paramount to business success.  


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  • Coronavirus Manufacturing

    The Impact of COVID-19 on manufacturing


    Geoff Crittenden |  April 2, 2020


    In the wake of the COVID-19 pandemic, it is becoming ever more obvious that the complete lack of support from state and federal governments and industry at all levels has had a possibly terminal impact on Australian manufacturing, according to Geoff Crittenden CEO of Weld Australia.


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  • Coronavirus Marketing

    Marketing during Coronavirus: How to adapt your business for crisis or recession


    Darren Moffatt |  April 2, 2020


    The global pandemic that is COVID-19 has upended normal business practices and trends. Darren Moffatt of Webbuzz offers advice to business managers who want to get some control back.


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  • Thought Leadership

    Why we need to stop trying to turn culture into a “number” that you can measure


    Ross Judd |  April 1, 2020


    Have you thought about trying to measure your relationship with your significant other by giving it a score and then assigning improvement as a KPI? Do you think that would work?


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  • Tourism

    Funding boost to support Australian exporters and tourism businesses


    First 5000 |  April 1, 2020


    The Morrison Government will inject an extra $49.8 million into the Export Market Development Grants (EMDG) program in the 2019-20 financial year, allowing exporters and tourism businesses to get additional reimbursements for costs incurred in marketing their products and services around the world.


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  • Remote work

    How companies can stay secure while employees work from home


    First 5000 |  March 30, 2020


    As the coronavirus (COVID-19) outbreak drives more workers to work from home, many companies are realising that their existing systems don’t support large numbers of employees working remotely.


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Latest News

  • Telstra launches 2011 Business Women’s Awards

    Helen Hull     |      May 2, 2011




    Telstra has launched the 2011 Business Women’s Awards which have over the last 16 years uncovered amazing and inspiring business women and their extraordinary journeys.

    Almost a quarter of women recognised as inspirational leaders in business through the Telstra Business Women’s Awards have joined a board following their success.


  • PM Gillard talks Getting Aussie Business Online

    Kate Dixon     |      April 20, 2011

    Well, it isn’t every day that the Prime Minister talks about MYOB but in late March we were in Perth to talk about Getting Aussie Business Online with Prime Minister Julia Gillard, and Federal Minister for Broadband, Communications and the Digital Economy, Senator Stephen Conroy.

    They were speaking about plans for the National Broadband Network and the need for businesses to get online to take advantage of the digital economy

  • Managing cash flow in the growth stage

    Suelen McCallum     |      April 19, 2011

    For many medium businesses, growth is the barometer for success. But expansion can present challenges and one of the critical issues in any company when it is experiencing a healthy level of growth is cash flow.

    In this article, I look at the reasons why cash flow is important and why growth often contributes to a lack of funds. 
    <--break->
    Cash flow basically means ‘Do I have enough cash in my bank account to cover my expenses?’ Sounds simple, but you’d be surprised at how many people ignore this. And not just small business either!  Medium sized businesses have often achieved the desired levels of sales and growth but fail to realise what effects that growth has had on cash flow.

  • Boost founder says push boundaries

    Helen Hull     |      April 13, 2011

    Success in business is about attitude and not being afraid to make mistakes, according to Janine Allis founder and director of Boost Juice Bars.

    Speaking at PMP Limited’s Schmart Marketing Conference in Melbourne and Sydney last week (4 and 6 April) Allis told marketers, advertising agencies and business managers you must make mistakes and push boundaries to find where your level is.

  • Meta boards and collaboration

    Lindley Edwards     |      April 13, 2011

    Recently Prof Drew Dawson, a non executive director of various organisations and the director of multi-disciplinary collaborative research centre at the University of South Australia and I had dinner. 

    In our dialogue we explored the concept of Meta boards. 

  • Protecting your equity, not just your property

    Craig Boss     |      April 13, 2011


    Protecting your business against the unexpected departure of a business partner is one of the most important insurances you may ever need.


    Many businesses will insure their premises, equipment, and stock. They will take out worker’s compensation and public liability cover. However, they give no thought to the potentially devastating damage to the business caused by the unplanned exit of a business partner due to death, illness, or injury.

  • What areas of regulation should COAG target for reform? | Have your say

    Sally Rose     |      April 11, 2011

    First 5000’s sister publication Open Forum is currently hosting an online National Regulatory Reform Survey on behalf of the Queensland Office for Regulatory Efficiency, Queensland Government.

    On 13 February 2011, the Council of Australian Governments (COAG) tasked its Business Regulation and Competition Working Group (BRCWG) with developing options for a future national regulatory reform agenda for COAG’s consideration by the end of 2011.

    The SURVEY closes midnight, Friday 15 April 2011, AEST.

  • Business process review online seminar

    Helen Hull     |      April 5, 2011

    Getting your business management system right can deliver a lot more than a few new software features and extra buttons to click on a screen, according to MYOB Enterprise Solutions.

    “If you can map out and define your business processes and then build your system around them, you can transform your entire operationally approach – and deliver real, quantifiable business benefits,” MYOB Enterprise Solutions marketing campaign manager Loucielle Estève said.

  • Australia’s small medium size enterprise threat part II

    Lindley Edwards     |      April 5, 2011

     

    What are some of the ways that Australia can intelligently deal with the challenge that the tax office is becoming a default bank for medium enterprises.

    Joining me in this discussion for some additional commentary is Suelen McCallum of dVT Consulting, a chartered accountant and corporate turnaround expert.

  • Why is an agreement not an agreement?

    Ray Levin     |      April 4, 2011

    Cash flow for all businesses is king. Without the ability to fund yourself even very successful businesses can be forced to the wall.

    In the old days a 2:1 debtors to creditors ration meant that you were very healthy.

  • Do you need an accounting package or an ERP system?

    Leighton Jenkins     |      March 31, 2011


    Not so long ago the answer would be simple: a small business needs an accounting package and not an ERP System. Today, the size of your business does not necessarily drive the decision – a medium business can today be just as complex as a large one.

  • 20 tips on the Fair Work Act

    Hannah Mills     |      March 30, 2011

    In 2009 and throughout 2010 the Fair Work Ombudsmen recouped $26.1 million in employee underpayments and received 1.1 million calls from businesses enquiring how to pay their staff. This was a result of the new Fair Work Act (FWA).

    It is important that employers are aware of their compliance obligations under the Fair Work Act and if in doubt, obtain legal advice.

  • AFL’s Swans encourage networking

    Helen Hull     |      March 23, 2011


    It doesn’t all have to happen in the boardroom and with the 2011 AFL football season set to start on Thursday (24 March) First 5000 member the Sydney Swans are offering a range of hospitality options.

    The Swans, who claim over 1.2 million fans or 32% of Sydney as supporters of the club, believe corporate hosting is a unique experience for both clients and businesses.

  • Big opportunities for online retail

    Helen Hull     |      March 23, 2011

    Now more than ever Australians are going online to shop and it is important to consider your offering.

    A recent study on Australian shopper behaviour highlights Australian consumers are frustrated with the limited online shopping options from national retailers.

  • Leadership & influence

    Mike Myatt     |      March 23, 2011

     
    You cannot be an effective leader without influence. Let me make this as simple as I can – if you’re a leader, influence needs to be a competency.

    The key to developing influence is understanding that contacts and relationships are not synonymous. Don’t confuse a database with a sphere of influence. A database consists of information records, and a sphere of influence consists of meaningful relationships built upon a foundation of trust – a point of distinction lost upon many.